Bakkt Delists 25 Tokens on Apex Crypto Amid Tougher Regulation

Bakkt Holdings said it is delisting 25 of the 36 digital tokens that were listed on Apex Crypto — a trading platform it acquired in April — in a sign of the tougher US regulatory environment.

Many tokens being delisted are connected to various popular decentralized-finance apps, and include Aave, ApeCoin, Avalanche, Chainlink, Compound, Maker and Uniswap, the company told Bloomberg News Friday. It will continue to offer 11 coins including Dogecoin, USDC, Bitcoin and Ether.

The delisting comes as the Securities and Exchange Commission continues to flag coins it deems unregistered securities in its various lawsuits, an signals more ...